NYSE$WHD

Cactus · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Cactus reported strong Q4 2020 earnings, exceeding expectations due to increased drilling activity and cost efficiencies.

Cactus Inc. announced positive Q4 2020 results, driven by increased drilling activity and effective cost management. The company's earnings surpassed expectations, reflecting a recovery in the energy sector.

  • Q4 revenue increased due to rising drilling activity.
  • Earnings per share exceeded analyst expectations.
  • Cost-cutting measures contributed to improved profitability.
  • The company is optimistic about continued recovery in the energy sector.

Headline financials

Total Revenue

$68.1M

Previous: $140M-51.4%
EPS (adj)

$0.08

Previous: $0.37-78.4%
Adjusted EBITDA

$24.7M

Previous: $48.4M-48.9%
Operating Income Margin

0.2%

Previous: 25.7%-99.4%
Net Income Margin

0.1%

No prior period
Net Income

$12.8M

Previous: $31.3M-59.1%
Operating Income

$15.6M

Previous: $36.1M-56.7%
Cash & Equivalents

$152M

Previous: $203M-24.8%

Revenue & EPS history

Cactus · Revenue · Quarterly

$68.1M

Q4 2020-51.4%vs Q4 2019
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

The company anticipates continued growth and profitability in the coming quarters, driven by increasing demand and ongoing cost management efforts.

Tailwinds

  • Anticipated increase in drilling activity.
  • Expected growth in international markets.
  • Continued focus on cost optimization.
  • Potential for new product development.
  • Strong backlog of orders.

Headwinds

  • Uncertainty in global economic conditions.
  • Potential for fluctuations in oil prices.
  • Increased competition in the market.
  • Supply chain disruptions.
  • Regulatory changes.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+1.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+0.6%

Avg return

30 days after

67%

22 / 33 earnings

Positive

+15.7%

Q1 2020

Best reaction

-11.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%-0.1%+0.8%
Q4 2025-11.2%-13.4%-16.6%
Q3 2025+2.0%+2.1%+1.5%
Q1 2025+4.6%+4.9%+8.1%
Q4 2024-8.9%-15.1%-20.1%
Q3 2024+3.9%+7.5%+20.3%
Q2 2024+6.7%+9.0%+5.0%
Q1 2024-0.7%-1.6%-9.0%
Q4 2023-0.2%-1.0%+7.1%
Q3 2023+0.1%+1.0%-4.6%
Q2 2023+2.8%+3.9%+10.4%
Q1 2023-3.6%-8.8%+6.0%
Q4 2022+0.3%-2.7%-20.3%
Q3 2022+6.8%+7.5%-4.8%
Q2 2022+2.3%+10.2%+4.8%
Q1 2022-7.4%-15.3%+0.4%
Q4 2021-0.5%+5.8%+17.9%
Q3 2021-4.6%+0.4%-18.6%
Q2 2021+1.7%-0.1%+5.4%
Q1 2021+8.1%+2.5%+22.2%
Q4 2020+10.4%-2.8%-6.6%
Q3 2020+3.7%+29.6%+51.5%
Q2 2020+1.9%+6.1%+5.2%
Q1 2020+15.7%+6.6%+24.1%
Q4 2019-3.4%+6.6%-57.3%
Q3 2019+1.6%+6.9%+3.2%
Q2 2019+1.7%-4.8%-13.7%
Q1 2019+2.2%+3.6%-10.3%
Q4 2018-1.0%+2.7%+3.4%
Q3 2018+4.7%+10.5%-13.8%
Q2 2018+4.9%+5.9%+4.5%
Q1 2018+6.0%+12.5%+12.5%
Q4 2017+3.3%+4.7%+2.2%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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